The past two decades have seen exciting changes with developing
countries emerging as exporters of services. Technological developments
now make it easier to trade services across borders. But other avenues
are being exploited: tourists visit not just to sightsee but also to be
treated and educated, service providers move abroad under innovative
new schemes, and some developing countries defy traditional notions by
investing abroad in services.
'Exporting Services: A Developing Country
Perspective' takes a brave approach, combining exploratory
econometric analysis with detailed case studies of representative
countries: Brazil, Chile, the Arab Republic of Egypt, India, Kenya,
Malaysia, and the Philippines. Two questions lead the analysis: How did
these developing countries succeed in exporting services? What policy
mix was successful and what strategies did not deliver the expected
results? The analysis evaluates the role of three sets of factors:
First, the fundamentals, which include a country’s factor
endowments, infrastructure, and institutional quality; second, policies
affecting trade, investment, and labor mobility in services; and third,
proactive policies in services designed to promote exports or
investment.
The case studies illustrate the complex nature of reforms and policy
making in the service sector as well as the benefits of
well-implemented reforms. Although success seems to be explained by a
set of conditions that are difficult to replicate, common features can
also be identified. Several countries have adopted policies to support
exports, especially exports of information technology–related
services. This resource will be valuable for policy makers, experts,
and academics who are engaged in efforts to reform service and
investment policies in their own country.
- Shipping Weight: 1.18 lbs (0.54 kgs)
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